A new exploit called the SHAtter Jailbreak will allow all iOS users including iPhone 4, iPhone 3GS, iPhone 3G, iPhone 2G, iPad, iPad 3G, and iPod touch to jailbreak their mobile devices for life. This is BIG news for those that jailbreak their iDevices. With SHAtter, the jailbreak community will always have their jailbreak. Apple won’t be able to patch the SHAtter jailbreak exploit, and the cat and mouse game with Apple and jailbreakers will most likely end.
According to a page on The iPhone Wiki (Google Cache), the SHAtter jailbreak is the first exploit in the S5L8930 that will allow unsigned code execution to create a tethered jailbreak for life, and as an initial vector for all new untethered exploits to come. The SHAtter jailbreak vulnerability, exploitation and payload were created by pod2g and posixninja. No release date for the SHAtter jailbreak download has been announced yet.
If you want to jailbreak iOS 4.1, stay tuned. Iwill post more details about the SHAtter jailbreak as I get them. Feel free to follow @skygoat76 on Twitter for the latest news on the SHAtter jailbreak.

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According to a new post on the iPhone wiki from the well-know iPhone hacker p0sixninja, reveals some information about the exploit (named SHAtter) discovered by him and pod2g. The information refers to a new bootrom based exploit which will make all current iOS devices always perform the jailbreak forever.

p0sixninja worked a lot for this vulnerability, then pod2g made a process to run the exploit on iOS 4.1 yesterday. SHAtter is the codename source for this exploit, this vulnerability acts on the hardware of the device, so Apple can't close this hole, only on the new devices.

All Apple devices produced before the release of this exploit will be free forever, including the newly released iPod touch 4G and the iPad. The next jailbreak may be tethered (not confirmed yet) which means you have to connect your device to your computer to be able to reboot it.

Anyway Apple loses the fight. As usual, we will keep you informed by any updates about this jailbreak that will frees all devices. [via Twitter]

Update 1:p0sixninja discarded the tweet and deleted SHAtter page from the wiki blog because the information was accidently misleading. Will Strafach updated his post to include more information and facts,

- We have not yet announced if this is tethered or untethered
- We have not yet announced details about the exploit
- Anything you read saying it is one of the above in definite terms is just speculation, again, we have not given official word about the tether status or any details regarding the exploit used.